Dave Ramsey’s Baby Steps Are Too Rigid
One of the pearls Dave has contributed to the personal finance lexicon are his "Baby-Steps." They seem aimed at the financially clueless, but they still have merit for the more knowledgeable.
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it’ll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible.
One of the pearls Dave has contributed to the personal finance lexicon are his "Baby-Steps." They seem aimed at the financially clueless, but they still have merit for the more knowledgeable.
Had a financial windfall? What should you do with it? Find out here.
Should I stay or should I go? Most military doctors ask themselves this question many times in their career. This is a financial analysis of that decision.
John Bisges, MD, explains how he used his GI bill to increase his residency paycheck.
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A review of the book Incorporate and Get Rich!. In short, too much fluff and too much information, but still a great first book on the subject.
If you have prior military service, and want to be a Navy doctor, check out the health services collegiate program (HSCP), a solid alternative to the HPSP.
Most importantly, what doctors do is valuable. In all the whining about the high cost of health care, few people would argue we should just bag the whole thing all together.
You shouldn't buy warranties. Except sometimes. When you should.
Deploying with the US military comes with some poorly understood financial perks. Military physicians should take advantage of these 7 benefits of deploying.
The G Fund is a low-risk, moderate return investment ideal for inclusion in your portfolio. Military physicians should take advantage of this unique free lunch.
Book review of T. Harv Eker's Secrets of the Millionaire Mind. Pulling out the key points that can help you develop the millionaire mindset.
Is a second income really worth it? Before both spouses go back to work, see how taxes, childcare, commuting, and other hidden costs can make a dual-income household far less profitable than it appears.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
A rule of thumb to determine if you are an average accumulator of wealth, an under-accumulator of wealth, or a prodigious accumulator of wealth. Find out where you stack up!
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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